SWIFT/BIC codes in Austria: banks starting with R

SWIFT/BIC codes in Austria

In Austria our database holds 1191 SWIFT/BIC codes. A BIC tells the banks handling a transfer which institution is meant to get the money.

Pick a bank from the list to see the head office code and any branch codes, plus practical notes for sending and receiving money. The sections below covers the structure of the codes, what transfers cost and the checks worth doing before a payment.

Transfer times to Austria

How fast a payment reaches Austria is determined by a few things: the currency, the number of banks in between, cut-off times and time zones. Bank holidays in either country can add extra days, because banks do not process payments on those days.

When a payment takes longer than expected, the sender should contact their own bank. Money transfer services usually show a status online.

SWIFT codes in Austria: banks under :letter

This filter limits the list to banks from Austria that begin with :letter to make searching quicker. The counts in the introduction still cover the whole country, not just this letter.

Some banks are listed under their official name. The full overview for Austria remains available when you cannot find the bank here.

Check the code before you pay

The most reliable source for the BIC is the bank details provided by the recipient. A wrong code can cause a delay, a payment being sent back or additional charges, so compare it with the list on this page.

The directory on GoldexPay is compiled from publicly available sources. Still, banks merge or retire codes, so information can be out of date. Before a payment that matters, confirm the code with the recipient. GoldexPay is an independent comparison site.

Fraudsters regularly use fake invoices carrying new bank details that look completely genuine. Always confirm changed details by phone, using a number you already had.

The largest SWIFT network in Austria: Unicredit Bank Austria AG

Unicredit Bank Austria AG tops the list of Austria banks in SWIFT/BIC codes. Its main office uses BKAUATWWXXX and that code covers most payments.

Many codes often reflects that the bank registers branches and departments separately. Paying someone at Unicredit Bank Austria AG? Use BKAUATWWXXX except when a specific branch code is requested.

The structure of a Austria SWIFT/BIC code

A BIC is 8 or 11 characters long and the parts always come in the same order. It starts with a four-letter bank code, followed by a two-letter country code and a two-character location code.

You can spot a bank code from Austria by the fifth and sixth characters: they always show the ISO country code of Austria. Codes with other letters in that position belong to another country, even if the bank name looks familiar.

When a code ends in XXX, it refers to the head office and the short version works just as well. Use a branch code just if the recipient’s bank asks for it.

SEPA transfers to Austria

Austria belongs to the SEPA area, where euro transfers follow common rules. For a standard euro transfer within SEPA, the IBAN is usually enough; many banks no longer ask for the BIC.

You will still need the BIC when sending non-euro payments or money from outside the SEPA area. Euro payments within SEPA normally land within one business day. Costs stay low provided everything stays in euros; the conversion is where it gets expensive.

Bank or transfer service for Austria?

What you pay for a payment to Austria has several parts, and the fee on your screen is only one of them. Besides the fee, correspondent banks may deduct a charge and, if currencies are converted, the bank usually uses a less favourable rate than the actual market rate.

The real cost is often in the rate. Compare the rate you are offered with the mid-market rate that you find on financial sites.

For many routes, a transfer service turns out to be less expensive than a bank – mostly thanks to the exchange rate. Before your next transfer to Austria, it is worth comparing the total cost via GoldexPay rather than accepting the first rate you see.

What a sender needs to pay you in Austria

To receive an international payment in Austria, the person paying you has to have not just the BIC. In practice that means: your name as your bank knows it, your IBAN or account number, the SWIFT/BIC code of your bank and, often, your postal address.

Your bank’s code is in our list. You can include your bank’s name and city, since some payment forms ask for it.

The amount you receive can be lower than the amount sent. Charges on incoming payments vary from bank to bank; check the price list of your bank. For business payments, agree how the fees are split.

Paying in EUR: what conversion costs you

The currency of Austria is the Euro (EUR). A payment in a foreign currency is exchanged into EUR on its way to the recipient.

Who does the conversion affects how much arrives, as rates and margins differ per bank. Often it is cheaper to send EUR straight away via a transfer service that converts near the mid-market rate rather than letting the receiving bank convert. On larger amounts, a seemingly small difference in the rate adds up quickly.